Tag Archives: scenario

JPMorgan said a far-flung scenario could derail its bearish stock outlook for 2024. It looks like it may be coming true.

Reuters JPMorgan’s bearish 2024 inventory market outlook may very well be derailed by a surge in small cap shares. Technical strategist Jason Hunter expects the S&P 500 to fall 23% by mid-2024. However a risk-on surge in shares which have largely missed out on this yr’s rally might trigger a rethink. JPMorgan’s high chart professional Jason Hunter was bearish on …

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The S&P 500 is headed for a new all-time high in 2024 as the Fed pivots and stocks enter a Goldilocks no-recession scenario, JPMorgan wealth strategist says

The S&P 500 hitting a brand new report excessive implies no less than a 12% rally from present ranges.Drew Angerer/Getty Photos The S&P 500 is ready to notch a brand new all-time excessive by mid-2024, in keeping with a JPMorgan strategist. That is because the Federal Reserve is probably going accomplished with price hikes, AJ Oden instructed CNBC. A brand …

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